Bookmarking Crypto Insights
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During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than … Read more
Cryptocurrency markets are starting to show less and less volatility as the bear market continues. Bitcoin and Ethereum seem to have found their support levels and, this week, have been trading in a narrow range. Let’s recap this week for crypto market news affecting Bitcoin and Ethereum prices. A Week in Review Some of the … Read more
Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher, moving back above $19,000. Bitcoin Bitcoin (BTC) rose back above $19,000 on Saturday, as cryptocurrency … Read more
The S&P 500 and Bitcoin bounced off their nearby support levels, indicating that the bulls have not given up and are possibly buying the dips. Go to Source Powered by WPeMatico
This week’s sideways trading trend continues this Friday as Bitcoin and Ethereum prices remain largely unchanged. Surprisingly, this Friday’s trading volume is up significantly for Bitcoin and Ethereum, suggesting a healthy market. Let’s look at relevant news affecting prices this week. Key Points: Bitcoin and Ethereum prices continue to hold support. With decreased volatility, Bitcoin … Read more
Bitcoin was once again trading under $19,000, as the U.S. dollar moved to a one-week higher versus several G7 currencies. Friday’s move saw the token fall to a key support point in the process. Ethereum was also in the red in today’s session, as prices fell for a fourth straight day. Bitcoin Bitcoin (BTC) was … Read more
The drop in Ethereum’s daily active addresses comes as ETH price flatlines, raising fears about a potential drop ahead. Go to Source Powered by WPeMatico
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage of lower fees, and … Read more
Today’s cryptocurrency markets continue this week’s low volatility trend and sideways trading. While trading volume remained relatively high yesterday, we see further drops in volume this Thursday for significant crypto assets like Bitcoin and Ethereum. The biggest market news of today is a press release highlighting that Grayscale CEO is suing the SEC. Key Points: Grayscale … Read more
Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session. Bitcoin Following two days of consecutive declines, bitcoin … Read more